Is the construction trade still on the up? Soaring residential workloads and sustained growth in civil engineering were the main drivers to growth, report notes. And there was more good news as material price inflation bottomed-out to a seven month low. Tim Moore, Senior Economist at IHS Markit and author of the Markit/CIPS Construction PMI, [...]
Contractors are set to benefit from a raft of changes expected in the impending NEC4 suite of contracts, including greater clarity when it comes to insurance. The latest versions of the NEC documents – NEC4 - are due to come into force later in June. It’s 12 years since NEC3 contracts were first published and [...]
What you need to know shouldn’t make you Wanna Cry! There’s been widespread media coverage in the last week of the Cyber Attack affecting the NHS IT network. A Ransomeware virus, named Wanna Cry saw NHS systems go into meltdown. But it hasn’t just been the NHS who has been affected. In fact, over [...]
Industry survey suggests building trade looking healthy and anticipating growth According to the Federation of Master Builders latest trade survey, one in two members predict rising workloads in the coming months, with just 5% predicting a decrease in activity. Around 85% of builders believe that material prices will rise in the next three months and [...]
Unique new service for BJP Insurance business clients We're pleased to be able to offer an innovative online service to help businesses avoid the potentially devastating consequences of ‘underinsurance’ to our BJP clients. Insuranceshortfall.com offers a low-cost way of calculating how much a commercial property would cost to rebuild from scratch if it was damaged [...]
More than 60,000 people working on infrastructure sites nationwide will stop work on Tuesday in a bid to boost health, safety and wellbeing standards. Around 1,000 sites, office and production facilities up and down the country will halt work for two hours to take part in the Stop. Make a Change campaign. In [...]
What impact has the Insurance Act 2015 had on UK businesses? We’ve seen speculation in the market place about the impact of the Insurance Act 2015 on businesses, particularly with regards to potential likelihood of a claim being successful . At BJP Insurance, we’ve always striven to work closely with clients, taking time to [...]
You may have already heard about the increasing numbers of uninsured vehicles being seized by the police under powers introduced in August 2005. Nearly 30,000 have been seized to date – that’s enough cars to fill the Channel Tunnel nose to tail, in both directions. This is great news for the honest motorist who are [...]
Did you know there are 10,000 cyber attacks on SME’s each week? Facts regarding cyber attacks: 50% increase in cyber attacks since 2011 87% of small businesses experienced a data breach in 2012 UK cyber crime costs £27 billion per year Average cost of a data breach for an SME is £65,000 Currently it is [...]
How would machinery breakdown affect your business? Many companies use and rely on machinery that is essential to the everyday running of their business. When these machines suffer a breakdown or another form of loss or damage it can result in unexpected and costly repair bills - as well as a huge loss in [...]
